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LPIX (LogiPix International) ROC (Joel Greenblatt) % : 0.00% (As of Aug. 2023)


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What is LogiPix International ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. LogiPix International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 0.00%.

The historical rank and industry rank for LogiPix International's ROC (Joel Greenblatt) % or its related term are showing as below:

LPIX's ROC (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 17.86
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

LogiPix International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


LogiPix International ROC (Joel Greenblatt) % Historical Data

The historical data trend for LogiPix International's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LogiPix International ROC (Joel Greenblatt) % Chart

LogiPix International Annual Data
Trend Feb01 Feb02 Feb03 Feb04 Feb05 Feb06 Feb07 Feb08
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -4,350.00 - -3,076.19 -355.02 -97.67

LogiPix International Semi-Annual Data
Feb01 Feb02 Aug02 Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Feb07 Aug07 Feb08 Aug08 Aug22 Aug23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -69.77 -87.75 -47.54 -31.50 -

Competitive Comparison of LogiPix International's ROC (Joel Greenblatt) %

For the Building Products & Equipment subindustry, LogiPix International's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LogiPix International's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, LogiPix International's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where LogiPix International's ROC (Joel Greenblatt) % falls into.


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LogiPix International ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.012 + 0 + 0)
=-0.011

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of LogiPix International for the quarter that ended in Aug. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.002/( ( (0 + max(0, 0)) + (0 + max(-0.011, 0)) )/ 1 )
=-0.002/( ( 0 + 0 )/ 1 )
=-0.002/0
= %

Note: The EBIT data used here is two times the semi-annual (Aug. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LogiPix International  (OTCPK:LPIX) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


LogiPix International ROC (Joel Greenblatt) % Related Terms

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LogiPix International Business Description

Traded in Other Exchanges
N/A
Address
800 East Leigh Street, Suite 11, Richmond, VA, USA, 23219
LogiPix International Corp is a technological company. It develops and manufactures intelligent video monitoring solutions specifically for complex large-scale projects encompassing wide areas. Its solutions Airside Augmented Reality, Digital Tower Video for Airport, Border Surveillance, Highway Surveillance, and others.
Executives
Joseph W Parker director, 10 percent owner, officer: President/CEO 8113 75TH STREET SW, LAKEWOOD WA 98498
Parker Transnational Industries Llc 10 percent owner 8113 75TH ST. SW, LAKEWOOD WA 98498
Daniel C Goldman officer: CFO 24215 13TH PLACE W, BOTHELL WA 98021

LogiPix International Headlines

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